G7

Economics

G7 or Group Of Seven: Members, Origin, Latest News. UPSC

G7 is an informal grouping consisting of Canada, France, Germany, Italy, Japan, the UK, and the United States to discuss issues. All seven are top-ranked countries in terms of the highest net wealth per capita and are leading export nations. Apart from this, five are among the top 10 countries with the largest gold reserves. They account for over 46 per cent of the global gross domestic product and over 65 per cent of the world’s net national wealth.

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